[HISTORY: Adopted by the Township Council
of the Township of Stafford as indicated in article histories. Amendments
noted where applicable.]
GENERAL REFERENCES
Fire prevention — See Ch. 111.
[Adopted 8-21-1984 by Ord. No. 84-54]
A.
No insurer issuing fire insurance policies in the
State of New Jersey, which issues or renews any fire insurance policy
after the adoption of this article, and the filing of same with the
State Commissioner of Insurance, shall pay to any claimant a sum in
excess of $2,500 for fire damage on any real property located within
the Township of Stafford until such time as:
(1)
All taxes and assessments and all other municipal
liens and charges due and payable to the Township of Stafford, as
are indicated on an official certificate of search for municipal liens,
shall have been paid in full: or
(2)
The municipality submits to the insurance company
a copy of a resolution adopted pursuant to N.J.S.A. 17:36-11.
B.
However, if an appeal is taken on the amount of any
lien or charge, other than an appeal on an assessed valuation of real
property, the insurance company shall issue a draft payable to the
court of record pursuant to N.J.S.A. 17:36-10 in an amount totaling
75% of the full amount of the lien or charge being contested, and
the insurance company shall issue a draft payable to the municipality
for the remaining 25% of the lien or charge being contested; provided,
however, that the amount paid by the insurance company to the court
and the municipality shall not exceed the proceeds payable under its
insurance policy.
The provisions of this article are intended
to be interpreted in conjunction with N.J.S.A. 17:36-8 through N.J.S.A.
17:36-13, as amended. The provisions of said statutes are herein incorporated
by reference.
